Research On Internal Control And Financial Fraud Of Listed Companies

In recent years.Many of our listed companies for different purposes of the frequency of financial fraud,And the way of fraud is diverse,Involving the amount of large,eye-popping.In 2015,As the first batch of 28 GEM listed companies,one of the Geeya Technology,Due to asset restructuring suspected of the interests of the issue was pulled out of major financial fraud,Serious infringement of investor’s interests,Affect social stability.Looking for the reason,In addition to the low cost of illegal,lax supervision,intermediary agencies and other external factors of negligence,The impact of the lack of internal control is worth thinking about us.This paper combines the literature research method and the case analysis method to elaborate the reasonable construction of the enterprise internal control environment and the improvement of the relevant supervision system through the drawing of the financial fraud cases of Geeya Technology.The quality of accounting information is put forward to the listed companies to prevent the phenomenon of financial fraud Necessity,enthusiasm.It mainly includes:First,combing the basic theory of internal control,reviewing the historical process and the present situation of the internal control development at home and abroad,and elaborating the correlation between the internal control and the financial fraud of listed companies.Second,a detailed description of the financial fraud outbreak of the Geeya Technology and it’s motives of false reports,false motives and self-help means.Third,From the internal control of the five elements:internal environment,risk assessment,control activities,information and communication and internal supervision perspective analysis the Geeya Technology financial fraud case.Fourth,Analyze the economic consequences caused by the financial fraud case and the series of self-help measures taken to cope with the delisting crisis.This paper aims to improve the shortcomings of the internal control system of the listed companies and put forward the measures to prevent the financial fraud of the listed companies,and provide the basis for the creditors,investors and other stakeholders to understand the real situation of the listed companies and promote the healthy development of China’s capital market.